FGV Audited Financial Statements 2020

21 RIGHT-OF-USE ASSETS Group Leasehold land RM’000 Buildings, structures and renovations RM’000 Plant and machinery RM’000 Motor vehicles RM’000 Total RM’000 2019 Cost At 1 January 2019 2,524,680 237,189 32,444 21 2,794,334 Additions 4,860 16,012 15,501 - 36,373 Termination of lease contracts - (4,806) - - (4,806) Disposal of a subsidiary (Note 24(c)) (31,740) - - - (31,740) Transfer to asset held for sale (99,770) - - - (99,770) Currency translation differences (592) - (435) - (1,027) At 31 December 2019 2,397,438 248,395 47,510 21 2,693,364 Accumulated depreciation/impairment At 1 January 2019 276,885 137,129 14,889 9 428,912 Charge for the financial year 39,505 24,014 7,708 12 71,239 Termination of lease contracts - (3,506) - - (3,506) Disposal of a subsidiary (Note 24(c)) (7,290) - - - (7,290) Impairment loss 8,281 - - 8,281 Transfer to asset held for sale (17,687) - - - (17,687) Currency translation differences (181) - (165) - (346) At 31 December 2019 299,513 157,637 22,432 21 479,603 Net book value at 31 December 2019 2,097,925 90,758 25,078 - 2,213,761 As at 31 December 2020, the carrying amount of right-of-use assets under land arrangements with FELDA amounted to RM182,689,000 (2019: RM179,641,000). FELDA is in the midst of applying the land titles from respective state authorities. Company Buildings RM’000 2020 Cost At 1 January 2020/31 December 2020 39,251 Accumulated depreciation At 1 January 2020 5,815 Charge for the financial year 4,361 At 31 December 2020 10,176 Net book value at 31 December 2020 29,075 94 Notes to the Financial Statements For The Financial Year Ended 31 December 2020 FGV HOLDINGS BERHAD Audited Financial Statement 2020